UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 25, 2007 (October 24, 2007)
Commission File Number: 0-24260
Amedisys, Inc.
(Exact Name of Registrant as specified in Charter)
Delaware | 11-3131700 | |
(State or Other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
5959 S. Sherwood Forest Blvd., Baton Rouge, LA 70816
(Address of principal executive offices including zip code)
(225) 292-2031 or (800) 467-2662
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Information to be included in the report
Section 7 Regulation FD
Item 7.01. | Regulation FD Disclosure |
On October 25, 2007, Amedisys, Inc. (the Company) issued a press release announcing its entry into a $100 Million unsecured revolving credit facility. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Company will file a copy of the credit facility on a subsequent Current Report on Form 8-K.
In accordance with General Instruction B.2 of this Current Report on Form 8-K, the information presented herein shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities
Section 9 Financial Statements and Exhibits
Item 9.01. | Financial Statements and Exhibits |
(a) | Financial Statements of Business Acquired. |
Not applicable
(b) | Pro Forma Financial Information. |
Not applicable
(c) | Shell Company Transactions. |
Not applicable
(d) | Exhibits. |
99.1 | Press release dated October 25, 2007, announcing the Companys entry into a $100 Million unsecured revolving credit facility |
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Amedisys, Inc. | ||||
Date: October 25, 2007 | By: |
/s/ Dale E. Redman |
||
Dale E. Redman | ||||
Chief Financial Officer |
Exhibit Index
Exhibit No. |
Description |
|
EX-99.1 |
Press release dated October 25, 2007, announcing the Companys entry into a $100 Million unsecured revolving credit facility |
Exhibit 99.1
Contact: | Amedisys, Inc. | |||
Director of Investor Relations | Senior Vice President - Finance | |||
Kevin LeBlanc | Thomas J. Dolan | |||
225.292.2031 | 225.292.2031 | |||
kleblanc@amedisys.com | tdolan@amedisys.com |
AMEDISYS ENTERS INTO $100 MILLION UNSECURED REVOLVING CREDIT FACILITY
BATON ROUGE, Louisiana (October 25, 2007) - Amedisys, Inc. (Nasdaq: AMED or the Company), one of Americas leading home health nursing companies, today announced that it has entered into a three year $100 million unsecured revolving credit facility with a group of banks. The credit facility also includes an accordion feature, whereupon, at the Companys election and subject to customary conditions described in the credit agreement, the facility can be increased by up to an additional $100 million. CIBC World Markets Corp. and JP Morgan Securities, Inc. acted as joint lead arrangers.
This new $100 million credit facility provides additional financing flexibility for the company, for general corporate purposes and to facilitate potential acquisitions, said William F. Borne, Chief Executive Officer of Amedisys, Inc. While we have a strong cash position, we also have a healthy pipeline of acquisition opportunities. This credit facility improves our ability to timely capitalize on those opportunities.
Amedisys, Inc. is headquartered in Baton Rouge, Louisiana. Its common stock trades on the Nasdaq Global Select Market under the symbol AMED.
This press release includes statements that may constitute forward-looking statements, usually containing the words believe, estimate, project, expect or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, continued acceptance of the Companys services in the marketplace, competitive factors, changes in government reimbursement procedures, dependence upon third-party vendors, and other risks discussed in the Companys periodic filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Additional information on the Company can be found at:
www.amedisys.com